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Charles Bloom Resigned From a Former Employer Following Alleged Rule Violations

Charles Bloom

Public records provided by the Financial Industry Regulatory Authority (FINRA) on April 23, 2018 indicate that Florida-based Chelsea Financial Services broker Charles Bloom has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Bloom (CRD# 4144108).

Charles Bloom has spent 17 years in the securities industry and has been registered with Chelsea Financial Services in Royal Palm Beach, Florida since 2016. Previous registrations include International Assets Advisory in West Palm Beach, Florida (2015); IAA Financial in West Palm Beach, Florida (2014-2015); US Brokerage in Wellington, Florida (2007-2014); 1st Discount Brokerage in Delray Beach, Florida (2002-2006); 1st Discount Brokerage in Lake Worth, Florida (2002); and Acument Securities in San Francisco, California (2000-2002). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 7, 2000; Series 7 (General Securities Representative Examination), which he obtained on March 16, 2000; and Series 24 (General Securities Principal Examination), which he obtained on December 2, 2003. He is a registered broker with two US states: Florida and Nevada.

According to his BrokerCheck report, he has received two regulatory sanctions, one customer complaint and one pending customer complaint, and he resigned from a former employer in connection to alleged rule violations.

In March 2018 a customer alleged Charles Bloom, while employed at International Assets Advisory, recommended unsuitable investments and misrepresented material facts related to a real estate investment trust purchase. The customer is seeking more than $99,300 in damages in the pending complaint.

In 2008 FINRA sanctioned him in connection to allegations he made a payment of about $33,000 to a customer in order to settle a potential claim without his member firm’s knowledge or approval. He was issued a 20-day suspension and a fine of $5,000.

In 2008 the Florida Office of Financial Regulation sanctioned him in connection to allegations he violated Florida statutes and the terms of his registration agreement. He was issued a 20-day suspension and a fine of $5,000.

In 2006 a customer alleged Charles Bloom, while employed at 1st Discount Brokerage, made discretionary trades that resulted in heavy losses. The complaint settled for $50,000.

In 2006 he submitted his voluntary resignation from 1st Discount Brokerage in connection to allegations of unauthorized day trading in customer accounts.

If you or someone you know has lost money investing with Charles Bloom, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.